Cormark Has Pessimistic Outlook of IAMGOLD Q2 Earnings

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Equities research analysts at Cormark dropped their Q2 2025 EPS estimates for IAMGOLD in a report issued on Wednesday, February 26th. Cormark analyst R. Gray now expects that the mining company will earn $0.09 per share for the quarter, down from their prior forecast of $0.19. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. Cormark also issued estimates for IAMGOLD’s Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.44 EPS and FY2026 earnings at $0.98 EPS.

IMG has been the subject of several other research reports. Raymond James raised IAMGOLD from a “strong sell” rating to a “hold” rating in a report on Monday, February 3rd. National Bankshares boosted their target price on shares of IAMGOLD from C$12.00 to C$13.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. Finally, Cibc World Mkts raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. Two research analysts have rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$8.68.

IAMGOLD Stock Down 5.7 %

Shares of IMG stock opened at C$7.87 on Friday. The stock’s fifty day moving average price is C$8.33 and its 200 day moving average price is C$7.61. IAMGOLD has a 1-year low of C$3.44 and a 1-year high of C$9.68. The company has a market cap of C$3.20 billion, a price-to-earnings ratio of 4.08, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19.

Insider Buying and Selling

In related news, Director Lawrence Peter O’hagan purchased 4,800 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was purchased at an average price of C$8.11 per share, with a total value of C$38,918.88. Also, Senior Officer Timothy Bradburn sold 16,800 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of C$8.10, for a total value of C$136,080.00. 0.10% of the stock is owned by insiders.

About IAMGOLD

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.